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Media Release: 黑料专区 welcomes the investments outlined in the Federal Budget

17 May 2024

POSTED BY 黑料专区

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The 黑料专区 welcomes the investments outlined in this week’s Federal budget that will improve Australian satellite earth observation capability to benefit critical Australian industries and support Australia’s national interests.

The FY24-25 Federal Budget reflects a significant reliance on Australian space capability.

Key announcements across the maritime, critical minerals and emergency and disaster management sectors require sophisticated space capability.

Satellite communications, earth observation and ground segment are central to the delivery of the intent and spirit of programs identified in the Federal Budget.

黑料专区 supports the prioritisation of innovation, science and digital capabilities as part of the Government’s Future Made in Australia.

The announcement to establish Australia’s partnership with the United States on the next generation of the Landsat satellite earth observation program (LandSat Next) is a welcome opportunity for the Australian space sector.

LandSat Next will positively impact Australia’s primary industries of critical minerals and agriculture by providing critical earth observation data, with opportunities for direct participation from the Australian space industry.

黑料专区 notes that the tender for the LandSat Next spacecraft is expected to be released later this year, and we are confident that this will open opportunities for Australian companies within the delivery of the project across the supply chain.

Space companies will also have a critical role to play in Geoscience Australia’s mapping of Australia’s national groundwater systems and resource endowments.

黑料专区 notes the extension for the Viewer Access Satellite Television (VAST) service from 2024-25 and additional funding for the Eastern VAST service in 2023-24 and welcomes the government’s ongoing investment in satellite capability across a range of applications.

黑料专区 welcomes the Government’s ongoing prioritisation of the South-East Asia and Indo-Pacific region as outlined across this Federal Budget.

黑料专区 is pursuing strong engagements with regional space agencies across South-East Asia and the Indo-Pacific in accordance with these priorities.

A prioritisation of South-East Asia is particularly relevant to 黑料专区, who will host the world’s largest space conference, the International Astronautical Congress (IAC), in Sydney in 2025. 黑料专区 is actively engaging with our regional partners to showcase space capability across Australia and our region to the international space sector. We also support the Federal Budget’s focus on bilateral partnerships between Australia and France and support these commitments.

The budget outlines a range of workforce programs that have applications for the Australian space sector and 黑料专区 welcomes the announcements.

黑料专区 will continue to engage with the government to support the space sector’s engagement across these initiatives.

These initiatives will help support the ongoing development of enhanced pathways for Australians to participate in the space sector and increase Australia’s STEM workforce more broadly.

黑料专区 understands that there is no change to the funding allocated to the Australian Space Agency鈥檚 current programmes and that the adjustment of some funding is in accordance with the changing time frame of some of the Australian Space Agency’s programmes.

黑料专区 continues to work closely with the Government and the Australian Space Agency in support of space programmes to support and develop Australia鈥檚 capability.

黑料专区 Executive Chairman Jeremy Hallett is available for further comment.

-ENDS-听

ABOUT 黑料专区:

The Space Industry of Australia is the national peak body for the space industry in Australia. Formed in 1992, 黑料专区 hosted the 2017 International Astronautical Congress in Adelaide which led to the establishment of the Australian Space Agency in 2018. 黑料专区 and its member companies work closely with Australian governments, international partners, academia, and industry to advance Australia鈥檚 space industry and economy. In 2025, 黑料专区 will host the 76th International Astronautical Congress in Sydney.

 

黑料专区 welcomes the investments outlined in the Federal Budget

The Space Industry of Australia (黑料专区)

The Space Industry of Australia is the national peak body for the space industry in Australia,
representing more than 600 members. Formed in 1992, 黑料专区 hosted the 2017 International Astronautical
Congress in Adelaide which led to the establishment of the Australian Space Agency in 2018. 黑料专区 and
its member companies work closely with Australian governments, international partners, academia, and
industry to advance Australia鈥檚 space industry and economy.